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Tesla gears up for Australia's electricity market
DateNovember 4, 2015 - 10:48AM
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John McDuling
Associate Editor, Digital

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Tesla is set to make its mark in Australia - but electric cars may not be its biggest product. Photo: Supplied.

Elon Musk's iconic electric car marker Tesla Motors reported results on Wednesday morning our time, and Wall Street loved them.
The company delivered a record 11,603 units of its Model S sportscar during the quarter and said it is on track with the release of its Model X SUV later this year. The company's shares have shot up by more than 10 per cent in after hours trading. 

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Tesla's Model S deliveries. Photo: Fairfax Media

Tesla's cars are magnificent (believe me) but what was perhaps more interesting from the results, at least from an Australian perspective, was the following aside:
"We are seeing very strong demand for Tesla Energy products globally, and particularly in Australia, Germany and South Africa" the company's letter to shareholders from Musk and CFO Deepak Ahuja reads. 
"Energy products" refers to Tesla's lithium-ion batteries that can be used to store solar energy - allowing for load shifting and providing back-up power, and, in theory, enabling people to go entirely "off the grid." The company's product for homes. the Powerwall, is expected to go on sale before the end of the year, and Australia will be among the first countries to get it

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Tesla boss Elon Musk: "We are seeing very strong demand for Tesla Energy products." Photo: David Paul Morris

It makes sense for the company to target Australia: more than 1 million homes already have solar power systems installed, according to the Clean Energy Council. Solar power is an attractive option for many because broadly speaking, we get a lot of sun and rising power prices mean it makes long-term financial sense for many. 
Earlier this year, Tesla said in a press release that the Powerall "is a compelling option for Australian residential solar users, due to the unique structure of retail electricity and the feed-in-tariff solar pricing options across the country." And on its website, Tesla argues that by "storing your home's surplus power and using it when you would otherwise need to pull from the grid, Powerwall minimises your net spending."
As nice as Tesla's cars are (and they are very nice), they remain very expensive. The company is spending billions of dollars to build a gigantic lithium-ion battery plant in the Nevada desert, which will bring down the cost of its batteries, and allow it to sell cheaper cars and become a mainstream product. 
But many analysts (and Musk himself) think its battery products could actually be much bigger than its vehicles.
In Australia, that seems an entirely realistic possibility. 
Tesla talks with Germany about battery factory in threat to Mercedes Benz, BMW
DateNovember 18, 2015 - 8:45AM
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Christoph Rauwald

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Tesla CEO Elon Musk has been in contact with German officials and might seek state support for the facility. Photo: Bloomberg

Tesla Motors is in discussions with the German government over the prospect of building a battery factory in the country, Economy Minister Sigmar Gabriel says.
Tesla CEO Elon Musk had been in contact with German officials and might seek state support for the facility, Gabriel said at an event at a Mercedes-Benz car factory in Rastatt, Germany. Gabriel did not provide details about the proposed plant or timing of a decision.
"We're in talks" with the Tesla CEO about a possible plant, Gabriel said. "I assume he will want public funds."
A battery factory in Germany would open a new front in Tesla's competition with former shareholder and Mercedes-parent Daimler AG and luxury-car leader BMW AG. It would also be a sign of more aggressive expansion as Tesla prepares to open its Gigafactory, the massive battery plant now being built outside Reno, Nevada. Tesla has said that Germany is a key market for its household battery-storage systems.
A Tesla spokeswoman in Germany wasn't immediately able to comment.
Looks like the germans can say bye bye to overcrowding the top end car segment. 

The all-electric SUV is unrivaled in acceleration

The Tesla Model X is the first fully-electric SUV or crossover ever produced that provides a practical range on a single charge. It’s also the quickest. We don’t just mean it’s the quickest accelerating electric SUV ever built — it’s the quickest SUV we’ve ever tested. Period.

The Tesla Model X P90D in Ludicrous mode ripped its way to 60 mph in just 3.2 seconds and to the end of the quarter mile in 11.7 seconds at 116.0 mph. That beats out many high-performance SUVs including the 2015 BMW X6 M (3.7 sec; 12.1 sec @ 114.3 mph), the 2016 Mercedes-AMG GLE63 Coupe S (3.9 sec; 12.5 sec @ 110.5 mph), and both the 2015 Porsche Cayenne Turbo S and 2015 Porsche Macan Turbo (which posted nearly identical numbers of 4.2 sec; 12.9 sec @ 107.4 mph and 106.2 mph, respectively).

Seems like it is just a matter of time now 



Their current Model S P90D the quickest sedan in the world. Accelerating from 0 to 100 km/h in 3.0 seconds.

Tesla seems to have solved or partially solved most of the weaknesses of electric car.
** Acceleration - Tesla Win.
** Looks - Tesla Win.
** Smart - Car will auto remember things like jacking up your suspension when you go for car wash.
** Range - 500km/charge Tesla winning.
** Slow charging - Superchargers can now partial charge in 30 minutes to give ~270kms of extra range. Still inferior to a 5-10 minute tank up if one is on a big road trip and wanna drive continuously for 1000km but after 4hours at 100+km on highway, a 75mins rest for lunch full charge 0% to 100% is quite reasonable.
** Affordability - Expensive but smack in the middle of luxury range now, but in a few years time??
** Running costs - no oil change, no filter change, no transmission headaches Upgradeable easily. Battery should be expensive to change after 8-10years but with new tesla battery factory up and running should be very cheap and easy to just swap up. Full charge also costs much less than full tank for similar car.

More importantly, if the new model 3 become a success next year at 35k, Tesla will then be able to make a "mid-level" mass manufacture version that will eventually possibly take out even the likes of toyota/honda/Nissan whose hybrid and electric car's days looks limited if they dont innovate fast enough...

Perhaps it a good time to start accumulating some stocks of companies supplying parts to Tesla. It seems they have factories in Taiwan producing some stuff for them but dunno if those companies are listed..

On another note, this does not bode well for OnG companies in the next 5-10 years if there is a sudden jump to electric vehicles, perhaps thats why arabs are desperately pumping as much as they can.
Virtual currencies are worth virtually nothing.
Is Tesla a tech company or an automotive company? That was the question that struck me.

It would explain the high valuations which you see now compared to traditional automotive companies. That line has been blurring rapidly the last few years; traditional automotive makers trying to make their cars "smarter" , IT and tech companies moving into the automotive space with EVs (Faraday Future, funded by China's LeTV) and AVs (famously, Google and now Baidu)
You can count on the greed of man for the next recession to happen.
Tesla sold ~ 31,655 vehicles in 2014 and reported loss of ~ USD300 million.
Tesla sold ~ 50,580 vehicles in 2015 and reported loss of ~ USD900 million.
Are we already seeing a pattern here?  Tongue

Is Tesla trying to be an exclusive automotive company like, say Ferrari? But Ferrari sold slightly more than 7 thousand cars and logged a profit of ~ 
€300 million. Maybe it's trying to be a Porsche? Porsche sold around ~ 220,000 cars and has an operating profit of ~ €3 billion.

But what are Tesla's vehicles priced at? Are they priced too cheaply? The Tesla model S has a MSRP of USD75,000. That is more expensive than a BMW M3, and is probably similarly price to an Audi RS4 (selling at approximately SGD450,000 at premium automobiles) or Mercedes AMG C63. What about the range topping Tesla Model X P90D? Its MSRP is "only" USD108,000, slightly above the OMV of a Porsche 911 Carrera S.

But wait, they are launching unveiling a low price model on 31 March 2016! MSRP of USD35,000 for Tesla Model 3 pegs it around a Audi A4 or BMW 3 series. But expected delivery will only be in end of 2017 in US and 2018 in europe. Meanwhile, Tesla will just have to survive on fumes? And the similarly priced Chevrolet Bolt is expected to be launched soon, piping Tesla by at least 1 year.
From the queues, it's starting to look like the Tesla 3 will be the new iPhone. The necessary R&D and Capex have been put in already, now its just a matter for Tesla to make the cars and let the profits roll in. 


Tesla Buyers Wait in Lines Hundreds Deep to Place $1,000 Reservations on a Model 3

Early adopters of Tesla Motor Inc.'s new electric car, the Model 3, queued up outside showrooms around the world on Thursday to put down money on a vehicle that none of them have yet seen. Some fans even camped overnight to first in line for the privilege of paying a $1,000 deposit for a car that will have its public debut at an event on Thursday evening. The first deliveries may not come for another 18 months.

In response to the outpouring of interest—and money—Tesla Chief Executive Elon Musk promised a surprise to those who waited in line. 

Competition for model 3, 
Tesla’s Newest Electric Enemy: Chevy

not to mention the 2017 Nissan EVs like the sway which are also looking very chio.

Some of the high end companies also jumping on the bandwagon.
Virtual currencies are worth virtually nothing.
I have taken a look at model 3.

As a petrolhead, I agree that not only its specs looks great on paper, it also offers good value for money at USD35k. The only catch is whether Tesla can make money at this price point barring safety issues/concerns. (not so similar to Apple which offers premium specs for even more premium prices  Tongue)
Nice looking car with sharp angled look. Unfortunately despite all the hoohah and gas guzzling, it still slower 0 to 100kmh compared to an upgraded Tesla S which only takes 2.8s to get to 100kmph


The Lamborghini Huracán Spyder Is the Convertible of Your Dreams
Virtual currencies are worth virtually nothing.
There are many disputes and talks that Tesla could become the company of the future. I'm thinking about to buy some shares (for long-term). Will it make any sense? What risks could be?
At first seems like another ho hum article until I read this. Lol it's one place where no one can outrun the traffic police, well unless you drive a 4WD and go off-road into the sand dunes.

Tesla's Electric Cars Arrive in the Home of Cheap Gas

[The Palo Alto, California-based company is selling electric cars in the U.A.E., which holds about 6 percent of global oil reserves and is the fourth-biggest producer in the Organization of Petroleum Exporting Countries. The country is renowned for its glitzy supercars, including the Dubai police’s fleet of Ferrari, Lamborghini and Bentley cars.]
Virtual currencies are worth virtually nothing.

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